after consolidation it will surely drops...................because the company have a black history.....................don't put so much hope on it......................parks your monies elsewhere.
Don't believe.................try and you will taste the bitter medicine.
@izam.. theoretically, yes, you are right. it's 100% gain. but, please look at the que & volume. there's so many good & trending counters. don't get yourself stuck at hubline
because the share price is 0.05 this stock cannot drop otherwise it become 0.00 if can.is all our mistake go for wrong stock at a wrong time..no history of given a good return.lets hope fr good time to come.
I hate to say that, actually it should go below 0.5 cts and valued at no more than 0.15 cts. no choice but occasionally have to buy back 1 cts so as to make u guys feel that there is still hope and pump in at least 4x more money. Why can't u guy trust me when telling the truth, but will accept if I say it's going to rocket-fly to 4-6 cts.?
economy is getting worse we are heading recession beginning of 2017 and likely to fall into depression in 2018. Most big bosses want to make money from public before wind up and abandon the wreck.
Look at the no of sellers everyday,no way you can sell at 1c so no profits at all,only get struck here without profits even you purchase at 0.5c.Buy other counters will have better chances of profits.
THank you for your stupid advice stupid investor , hahahah. He has been going around saying other profitable counters as bad counters. Now I know he goes for ciput counter. Hahahah
Type Announcement Subject MULTIPLE PROPOSALS Description HUBLINE BERHAD ("HUBLINE" OR THE "COMPANY")
(I) PAR VALUE REDUCTION;
(II) RIGHTS ISSUE WITH WARRANTS B;
(III) PRIVATE PLACEMENT; AND
(IV) AMENDMENTS
(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES") The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the previous announcements in relation to the Corporate Exercises.
We refer to the previous announcements in relation to the Corporate Exercises.
On behalf of the Board, RHB Investment Bank wishes to announce that the Board has fixed the issue price for the placement of 357,020,684 new Hubline Shares, being the seventh (7th) and final tranche of the Private Placement at an issue price of RM0.01 per Placement Share.
The issue price is at the par value of Hubline Share, representing a premium of approximately 85.19% or RM0.0046 to the five (5)-day VWAP of Hubline Shares up to and including 15 August 2016 of RM0.0054, being the market day immediately preceding the price-fixing date.
Involve issuance of new type/class of securities ? No Types of corporate proposal Private Placement Details of corporate proposal PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.01 EACH IN HUBLINE ("PLACEMENT SHARE(S)"), REPRESENTING UP TO APPROXIMATELY 30.0% OF THE EXISTING ISSUED AND FULLY PAID-UP SHARE CAPITAL OF HUBLINE, TOGETHER WITH FREE DETACHABLE NEW WARRANTS ("WARRANT(S) B") ON THE BASIS OF ONE (1) WARRANT B FOR EVERY TWO (2) PLACEMENT SHARES SUBSCRIBED No. of shares issued under this corporate proposal 357,020,684 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0100 Par Value ($$) Malaysian Ringgit (MYR) 0.010 Latest issued and paid up share capital after the above corporate proposal in the following
Units 12,654,019,566 Currency Malaysian Ringgit (MYR) 126,540,195.660 Listing Date 24 Aug 2016
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Izam_mahathir
285 posts
Posted by Izam_mahathir > 2016-08-03 13:30 | Report Abuse
Stupid investor..apa itu consolidation price?i will pay 50 for ur explaination.hehe